contents · 1 0. contents feature story country focus - globelink korea notices notices by...
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CONTENTS
Feature Story
Country Focus
- Globelink Korea
Notices
Notices by Globelink Offices
- Globelink Hong Kong: Expansion of Services
- Globelink Egypt: Trucking Promotion
- Globelink Egypt: Brief Outlook on Egypt
Industry News
- Oversupply Fears Already Emerging for 2013
Others
- World Holidays in June 2011
- Inspiring Quote
A Publication of CWT Globelink Pte Ltd
In Unity, We Link the Globe.
Issue 95, June 2011
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FEATURE STORY – Country Focus
Globelink Korea
Based in South Korea, Globelink Korea under the umbrella of the CWT
Globelink Group offers shipping service of the highest quality to client with
its neutral NVOCC position.
Established in 2005, Globelink Korea has enjoyed remarkable success and
growth as one of the leading NVOCC operator in the region.
The dynamic shipping and forwarding industry today requires innovated,
ground-breaking concepts and Globelink Korea is doing just that. Entering a
league of their own and providing better, quicker and more qualified
services to existing and potential customers.
Globelink Korea provides a whole range of services including LCL, FCL, project cargo, door to door delivery and
transportation, warehouse operations and customs clearance.
KKOORREEAA
Globelink Korea Corporate Office
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Main Services Offered
Weekly export consolidation services to over 95 direct port calls in 54 countries
Weekly import consolidation services from over 33 direct port calls in 19 countries
Transshipment service at Pusan Hub for Latin America, North China, Japan Local Ports
Import and Export customs clearance services
Import consolidation CFS operation services
Door to Door delivery services
Export
As a neutral NVOCC player, Globelink Korea’s main activity is LCL export consolidation to global destinations on
regular weekly sailings.
Competitive Advantages in Export
Excellent reputation in the Korean market
Financial reliability
Well organized company structure
Strong global offices and agency network
Leading player in the Korean LCL consolidation market
Extensive service coverage with monopoly services
Service consistency with regular weekly consolidation to global destinations
Competitive rates
Convenient CFS location
Team of professional and experienced staff
The Far East
China & Japan
South East Asia
European Region
Mediterranean
USA & Canada
Central & South America
Mideast Region
Australia & New Zealand
South Africa
Over 95 direct port calls in
54 countries
Globelink Korea
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Import
Globelink Korea’s main import activity is LCL consolidation from global destinations to the Korean Port of Pusan
& Inchon. Customs clearance, distribution and door to door services are also offered.
Competitive Advantages in Import
Strong global offices and agency network
Service consistency with regular weekly consolidation from global destinations
Worldwide service coverage through Korea or via Singapore
Competitive rates with port-door service
End to end service offering including customs clearance and door to door delivery
Fast unpacking of containers
Efficient and experienced team
Dedicated personnel to handle nominations
The Far East
China & Japan
South East Asia
European Region
Mediterranean
USA & Canada
South America
Australia
Over 33 direct port calls in 19 countries
Globelink Korea
Korea CFS
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Transshipment
Globelink Korea handles over 3,000cbm of transshipment cargo per month at Pusan Port which is the
one of biggest hub in the Asia Far East region.
Competitive Advantages in Transshipment
Good geographical location as Hub in Pusan, similar to Singapore and Hong Kong
Regular sailings with good transit time to Latin America for China, Japan and Asian origin cargo
Regular and frequent sailings to China, Japan local ports for Asia, Europe and American origin cargo
Fast and convenient transshipment procedure
Competitive transshipment costs and rates
Well organized and efficient team to connect all shipments
Globelink Korea, your leading consolidator in Asia to count on. For more information or enquiries, please contact
the team at [email protected]
The Far East
China & Japan
South East Asia
European Region
Mediterranean
USA & Canada
The Far East
China & Japan
South East Asia
USA & Canada
Central & South America
Globelink Korea
From Into
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NOTICES – Globelink Offices
Globelink Hong Kong: Expansion of Services
Since its establishment in October 2010 and the months
following, Globelink Hong Kong has rapidly increased its
repertoire of service offerings and the recent move to a
bigger premise to house its expanding team of 29 staff in
April 2011 is testimony to this.
Globelink Hong Kong now offers regular direct services to the following destinations with more services in the
pipeline in the next few months:
Deep Sea Near Sea
Barcelona Bangkok
Buenaventura Busan
Callao Dubai
Constanta Ho Chi Minh
Dublin Jakarta
Felixstowe Port Klang
Gdynia Singapore
Gothenburg
Hamburg
Helsinki North China
Koper Dalian
Lagos Ningbo
Rotterdam Xingang
Oslo
Valencia
Valparaiso
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For more information on the services or enquiries, please contact the Hong Kong team:
Globelink International Freight Forwarding (HK) Ltd.
Tel : (Import) 2540 5919 (Export) 2540 3318 (Direct): 39757 XXX
EXT. Name Position Mobile Phone
888 Jacky Or Managing Director 90134992
13670044844 (China)
828 Steven Wong Sales Manager 95828784
Account & Administration (Fax : 2540 3221)
878 Dennis Fan Accountant 98637616
877 Terry Wong General Clerk 63518236
898 Tammy Ng Counter/Receptionist
899 Joyce Counter/Receptionist
Chan Hau Yum Office Assistant 91789168
Export Dept. (Fax : 2540 8096/3007 5921)
868 May Cheung Export Manager 91634840
869 Karen Lo Assistant Operation Manager 69783425
827 Andy Chong Operation Supervisor 90494028
833 Andy Leung Operation Supervisor 90909151
867 Christine Lau Operation Supervisor 91702169
863 Heidy Cheung Operation Clerk 96171219
839 Fennle Chan Operation Clerk 90975560
837 George Ng Operation Clerk 91392549
861 Vicky Ho Shipping Clerk
831 Reiko Tsang Shipping Clerk
865 Winky Leung Shipping Clerk
832 Queenie Chung Shipping Clerk
836 Zube So Shipping Clerk
866 Stella Mow Shipping Clerk
Tracy Chan Shipping Clerk
Rita Shipping Clerk
Import & Transshipment Dept. (Fax : 3007 5991)
818 Oscar Tsang Operation Supervisor 96323711
815 Leslie Cheung Operation Clerk 96571154
816 Ken Tam Operation Clerk 53182588
817 Maggie Chong Shipping Clerk
819 Rainbow Yu Shipping Clerk
813 Emma Leung Shipping Clerk
Kai Ping Documentation Support Team
N/A Shally Law Doc in Charge 86750-2200398 [email protected]
N/A N/A Doc operation team 86750-2200398 [email protected]
Website: www.globelink-hk.com
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Globelink Egypt: Trucking Promotion
For more information, please contact Ms. Shaimaa Gaber at phone: +20-33-991070 Ext. 1192 or email:
Special Offer
3 Months Promotion on Small Trucks to all Final Destinations in Egypt:
Cairo, 6th of October, 10th of Ramadan, Damietta, Sokhna, Suez, Port Said
and many other destinations
Important Note:
- Customs duties and all other official receipts will be on consignees’ account before
receiving the shipment.
- For any shipment to Port Said via Alexandria, the following clause must be added in the
body of the house bill of lading: “All transit charges are on consignee’s account”.
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Globelink Egypt: Brief outlook on Egypt
A brief outlook at Egypt’s political and economic situation.
Egypt’s New Era
Egypt is a land of vast beauty, filled with exciting opportunities and enriching experiences. Located on key
international logistics routes, Egypt is proximate to the global markets.
Egypt’s economy is among the most diverse in the Middle East and North Africa, thus ensuring long-term
growth prospects and stability in all sectors.
Egypt has emerged as a consumer market of significant importance in the region, as witnessed by the arrival of
dozens of global brands and the sharp expansion of retail sales in the past two years. This is partly due to the
sheer size of Egypt’s population that put it as the most populated country in Africa and the Middle East, as well
as per capita income that reached EGP 13648 in 2008/2009 from just EGP 5544 in 2000/2001. The fact that
50% of Egyptians are between the age of 15 and 44 has also impacted spending and investment trends.
Revolution in Egypt unlocks the Hidden Economic Potential
Egypt’s interim government plans to focus on infrastructure, business development and “mega national
projects” to spur growth and create jobs. One such “mega national project” is expected to create an economic
corridor that would involve shifting 9 million people to the western part of the country creating an economic
area akin to a Hong Kong in Egypt.
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Investors in Egypt include Motorola Solutions who opened a new office in Cairo targeting at the MENA Region.
Seeing Egypt as a focal point for trade in North Africa and Egypt’s technology market gaining significant
momentum during this dynamic time of change, an enhanced local presence will able the company to provide a
sharp strategic and operational focus and deliver superior customer and partner experiences.
Business Facts
- Minister Faiza Abu el-Naga announced a development plan worth LE230 billion to kick start the
economy after a revolt ousted Egypt's former president Hosni Mubarak.
- Egypt is targeting growth of 4% in the next fiscal year that starts in July.
- Optimism dominated the China-Egypt business meeting in Cairo, held at a critical time when the
Egyptian economy is suffering because of the political turmoil in the country. Egyptian-Chinese trade in
2010 is at $7 billion, while investments reached around $350 million.
- Egypt and Singapore have agreed to bolster their economic, trade and investment ties.
- The International Monetary Fund expects Egypt's economy to become one of the world's promising
economies within five years if it overcomes the political turmoil and sector protests.
- Egyptian tourism increased by 30%
How the world perceives the Egyptian Revolution
Barack Obama: We must educate our children to become like young Egyptian people.
Britain's Prime Minister: We must consider teaching the Egyptian revolution in schools.
CNN: For the first time, we see people make a revolution and then clean the streets afterwards.
Prime Minister of Italy: There is nothing new in Egypt. Egyptians are making history as usual.
Stoltenberg, Prime Minister of Norway: Today we are all Egyptians.
The First Delegation of American Companies visit to Investment in Egypt
The first visit, since the stepping down of Mubarak, the American trade delegation, representatives of Boeing,
City Group and Google and other American companies are seeking investment opportunities in Egypt.
The vice president of the American Chamber of commerce for Middle East Affairs declared that they are looking
for developments focused on the private sector in the fields of tourism, transportation and infrastructure. With
the presence of a new political atmosphere, the economic state will be more opened, clear and more job
opportunities created for Egyptians.
It is noted that Egypt is an important county, as it represents a huge market in the region and investments
should be directed to it.
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INDUSTRY NEWS
Oversupply Fears Already Emerging for 2013
CONTAINERSHIP deliveries are expected to reach a record high of two million TEU in 2013, according to a
recent report by maritime analyst, Alphaliner, which if accurate could signal a significant oversupply problem
on the horizon.
According to Alphaliner's figures, new vessel orders for delivery in 2013 have increased from 0.38 million
TEU to 1.59 million TEU in the last 12 months, exceeding the 1.57 million TEU in 2008. New orders have
also outpaced deliveries in the past 12 months.
Alphaliner's data shows that a total of 222 containerships, not including undeclared options, have been
ordered, while containership deliveries reached 214 units.
"With all 2011 and most of 2012 delivery slots
currently booked, attention now turns to 2013
slots. Scheduled deliveries for 2013 have
surged from 380,000 TEU a year ago to 1.59
million TEU today, and there is still available
shipyard capacity for 2013 deliveries. If all
current options, letters of intent (LOI) and
intended orders were exercised, 2013 vessel
deliveries could exceed two million TEU,"
Alphaliner said.
The new orders bring the capacity growth forecast for 2013 to 8.9 per cent, which is expected to increase
further to 11.3 per cent if options and LOIs are added.
Besides, shipowners have placed orders for a total of 1.6 million TEU of new capacity since June 2010,
surpassing deliveries recorded in the same period that hit 1.4 million TEU.
Since January 2010, a total of 1.58 million TEU of new containerships have been ordered. Of those newly
ordered vessels, carriers' orders account for 67 per cent or 1.06 million TEU, while orders from non-
operating owners (NOO) account for the rest of the 30 per cent or 0.52 million TEU, Alphaliner said.
Overall, Alphaliner's figures reveal that the total investments in new containerships since January 2010 have
swollen to US$18.8 billion.
- Source: CSM-The Container Shipping Manager
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OTHERS
Australia 13th Queen’s Birthday
China 06th Dragon Boat Festival
Croatia 22nd Anti-Fascist Resistance Day
23rd Corpus Christi
25th Croatian National Day
Guatemala 30th Army Day
Hong Kong 06th Tuen Ng Festival
Indonesia
02nd Ascension
28th Lailat al Miraj
(Ascension of the Prophet)
Korea 06th Memorial Day
Kuwait 28th Al-Esra Wa Al-Meraj
Malaysia 04th King’s Birthday
Slovenia 12th Pentecost
25th National Day
Sri Lanka 15th Poson Full Moon Poya Day
UAE 28th Leilat al-Meiraj
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- The End -
INSPIRING QUOTE
CWT Globelink started in 1988 in Singapore. It has now expanded to over 92 offices in 22 countries, providing
comprehensive and high quality consolidation services to our valued customers.
CWT Globelink’s presence includes Australia, China, Costa Rica, Croatia, Egypt, Guatemala, Hong Kong, India,
Indonesia, Kuwait, Malaysia, Pakistan, Portugal, Romania, Singapore, Solvenia, South Korea, Spain, Sri Lanka,
Thailand, UAE and Vietnam.
Together with key members of its agency network, Globelink formed the Global Consolidator Alliance (GCA) to
provide comprehensive and seamless global coverage to its valued customers.
For more information about the CWT Globelink Group, please refer to our website: www.cwt-globelink.com or
contact: [email protected]
CWT Globelink Pte Ltd If you have anything that you would like to share in our newsletter, please send your contributions to: [email protected] All Rights Reserved. While every effort has been made to ensure the accuracy of the information in this newsletter, no liability can be accepted for errors, omissions or inaccuracies of any kind. CWT Globelink
would be pleased to receive amendments and other appropriate information for possible inclusion.